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Unformatted text preview: market, regardless of what Boeing does. Whatever Boeing does, Airbus finds it profitable to enter. But, this means that if Boeing enters it will lose money. So, Boeing doesn't enter and Airbus does. problems with strategic trade policy • government must estimate the potential payoff of each course of action • the behavior of rival governments must be anticipated • many interest groups will compete for the governmental assistance although only a small number of industries can be considered potentially strategic • subsidizing one domestic industry takes resources away from others...
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This note was uploaded on 11/22/2011 for the course FIN FIN1100 taught by Professor Bradrifkin during the Fall '09 term at Broward College.
- Fall '09
- Personal Finance